The House passed the Eliminate Barriers to Innovation Act (20 April 2021). The passed act requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group with the goal of clarifying in which cases the jurisdiction over a certain token belongs to SEC and in which to CFTC.  SEC’s Commissioner, Hester Peirce, has published an updated version of her Safe Harbor proposal for token offerings (13 April 2021). The updated Safe Harbor proposal updates Peirce’s 2020 proposal, which suggested a three-year grace period for network developers within which, under certain conditions, they can facilitate participation in and the development of

The Securities and Exchange Commission has settled charges against a software provider and its CEO for misleading investors about an unregistered offer and...

The SEC charged John Wise and his company Loci Inc for allegedly selling an unregistered digital asset and making false statements related to its sale.

The post SEC accuses CEO of crypto startup Loci of selling unregistered digital assets  appeared first on The Block.

In episode nine of PitchIt: the fintech startups podcast we talk with Informed.IQ Co-Founder & CEO Justin Wickett.Artificial intelligence or AI has quickly...

The SEC imposed a $7.6 million civil penalty against Loci Inc.

Canada might not be known for crypto, or for basketball, but recent news could be changing that. The Canadian Elite Basketball League (CEBL) is becoming the first professional sports league in North America to adopt bitcoin as a method of payment for player salaries. The move is part of a league partnership with Canadian crypto […]

Top GamesActivision Blizzard shareholders have narrowly voted to approve CEO Bobby Kotick's $155 million pay packet, with 54% in favor of the approval....

The agency has settled charges with the creators of LOCIcoin, which took in $7.6 million in ETH via a 2017 initial coin offering.

U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the last major cryptocurrency bull market.

TL;DR Breakdown • Crypto computer mining operations are suspended for four months, according to government orders.• Iran is a cryptocurrency mining paradise; many companies in China use it. Iranian authorities detained 7,000 computer miners at an illegal cryptocurrency station. For now, this is the biggest haul obtained by the Iranian police since the cryptocurrency market […]

Amazon commands a vast, dominating empire in the world of e-commerce. While its marketplace has proved a boon for businesses trying to get...